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20121129
20121207
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KCSM (PBS) 8
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Search Results 0 to 7 of about 8
PBS
Dec 2, 2012 6:00pm PST
will and should walk away from an offer after they had offered to compromise on taxes. obama has said that he wants a balanced approach. where are the cuts? >> grover norquist, president of americans for tax reform, author of the no-tax-hike pledge, but some people ar -- wants everybody to hold the line, but some people are weakening. i things starting to soften up there? >> tom cole, republican from oklahoma, a very astute politician, was it very honestly and openly a politician before he got elected to congress, and said that we ought to take the deal and cut taxes on 98% of people, basically rid ourselves of the fact that most people other than charles c., that the republicans have become the party of billionaires' and millionaires in this debate. that is what happened in the election of 2012. that really is a continuing problem for republicans. that is what you are seeing to it is not just anti-grover norquist movement. it is a realization that they have a political problem. >> a lot of positive signs for a deal. one is that grover norquist, who is kind of a ridiculous figure, it has been
PBS
Dec 5, 2012 7:00pm PST
. >>> over in the united states, president barack obama is urging republicans to approve a tax hike on the wealthy. he says this is needed to avert the impending fiscal cliff of automatic austerity measures that could drag the economy into recession. obama said on wednesday that federal revenues will not reach the level needed to implement his proposals to cut the deficit unless taxes are raised on the wealthy. >> there is a bottom-line amount of revenue that is required in order for us to get a real, meaningful deficit reduction plan. >> obama added that if republican officials acknowledged this reality, the actual numbers proposed by each party are not that far apart. republicans have made a counteroffer. they want to raise revenue by reviewing the current tax deduke system. house speaker john boehner has urged the president to compromise. >> our members believe strongly that raising tax rates will hurt the economy. now we need a response from the white house. >> unless the two sides reach an agreement by the end of this year, the automatic tax increases and spending cuts will tak
PBS
Nov 29, 2012 6:30pm PST
the obama administration, that has the reputation of being more israel- unfriendly than previous administrations in a very israel-friendly country, especially obama, who does not have the best of relationships with benjamin netanyahu, the israeli prime minister. they had to do this publicly. of course, they say that it is for different reasons. they say the only way to a palestinian state it is through direct negotiations. we all know that has not worked in the past years, especially the obama administration. the administration has failed, actually, to do anything for the peace process, and some are hoping it might change with the new administration. secretary clinton is leaving, and there are hopes that may be things will pick up again with her successor. >> thanks for the update. >> now for the view from jerusalem, let's cross over to our correspondent who is standing by for us there. the israeli prime minister has condemned the palestinian move. can you tell us more about how israel views this? >> i think israel is concerned that through this upgrade, palestinians could challe
PBS
Nov 28, 2012 7:00pm PST
u.s. president barack obama and a top republican in congress hinted they were optimistic about a deal over the so-called fiscal cliff. the euro is edging higher against the yen and that's changing hands at 106.24-26. let's take a look at stocks now. tokyo share prices are edging higher as concerns about the u.s. economy are receding. the nikkei average at 9371, a gain of .7% from wednesday's close. export-related issues, including automakers, are leading the market advance. and taking a look at other markets open in the asia-pacific, we're seeing south korea's kospi trading higher by .9%, 1929. and in australia, the benchmark index is trading higher by .4%, 4465. we'll see where china takes us in the next hour. >>> countries around the world are accelerating moves to solidify trade relations. among them, japan and the european union are seeking an economic partnership. but france's trade minister says yeahn pa will have to meet certain conditions before that happens. eu trade ministers will begin discussions on thursday on whether to approve the start of negotiations with japan
PBS
Nov 30, 2012 6:30pm PST
obama appeared at a factory in pennsylvania making his case for raising taxes on top earners and accusing a handful of republicans of holding up a deal. if a deal is not reached by december 31, a $600 billion combination of tax increases and spending cuts goes into effect. let's get a check now on how the markets reacted to all of that news. our correspondence sent us this report from frankfurt. >> the dax climbed for about 2% this week, and share prices have been pushed mainly by the rescue package for greece, but at this last trading day of the week, trading has been quite low. the positive trend continued, although there has been some bad news coming in, like the record high unemployment rate in the euro area and the fact that u.s. consumers spend less money in october. nevertheless, the mood is fine. investors hope the fiscal cliff in the u.s.a. can be avoided. >> let's get a closer look at friday's trading. with all that uncertainty in washington, traders were playing it cautious. in germany, the blue-chip dax broke a bit of a winning streak, only gaining fractionally. e
PBS
Dec 4, 2012 6:30pm PST
forces. the statement echoes a strong warning issued by u.s. president barack obama on monday. >> more than 40,000 people have been killed since the uprising began in march 2011. here's a look at what the alliance's defense will look like on turkey's border to syria. >> it is designed to detect, intercept, and hit an enemy missile. there are batteries like these stationed in germany. some could be deployed to turkey within weeks. berlin is calling it a legitimate request from a nato ally. >> turkey has already been hit by cross-border mortar fire from syria, so it is understandable that turkey is holon and has asked the alliance for a sign of solidarity. refusing that request would have profound implications for the alliance and send the wrong signal to the regime of president assad. >> nato is warning damascus not to cross a red line, for instance, by using chemical weapons. >> the use of chemical weapons would be completely unacceptable for the whole international community, and if anybody resorts to these terrible weapons, i would expect an immediate reaction. >> apart from germany,
PBS
Dec 4, 2012 7:00pm PST
talks. the obama administration and opposition republicans remain at odds over how to avert the falling off the fiscal cliff. let's take a look at currency markets. the dollar is also little change against the yen as u.s. budget talks continue. dollar/yen is in the upper 81 levels, 81.88 to 90. the euro, that is higher against the yen, 107.27 to 30 at the moment. worries are reseeding over eurozone debts. let's take a look at other markets in the apple open. kospi is trading flat on the day, 1,934. looking at australia, the benchmark index is trading higher by 1/10 of a percent, 4,508. modest moves so far this morning in the asia pacific. >>> japan and india launched a new framework to provide bilateral credit in u.s. dollars. the aim is to ease the impact of possible turmoil in the global financial markets on asia. the two countries worked out the details on tuesday. japan's prime minister and his indian counterpart had signed the currency agreement a year ago. under the framework both countries will be able to exchange up to $15 billion over the next three years. the two countries had
PBS
Dec 1, 2012 4:00pm PST
invasion. president obama making history twice, becoming the first u.s. president to set foot in cambodia and burma. cambodia, host of the east asia summit, is also the last stop in the president's four-day trip to southeast asia, which included a stop in thailand and a chance to discuss human rights. in burma, the president and secretary of state, hillary clinton, meeting with longtime opposition leader aung san suu kyi at her home, where she spent 20 years under house arrest. the president applauding the nation's democratic efforts. >> i want to make a pledge to the people of this country that i am confident we can keep. and that is if we see continued progress towards reform, our bilateral ties will grow stronger, and we will do everything we can to help ensure success. >> let the twinkie hoarding begin. hostess brands, maker of wonder bread, ding dongs, ho hos, and twinkies is shutting its doors, putting a possible end to an era of iconic treats, the company in bankruptcy court, selling off its assets instead of restructuring, leaving the sweet treats up for grabs to the highest bidde
Search Results 0 to 7 of about 8